Komeo International Ministries Inc
EIN: 800657128 · Oklahoma City, OK · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $611K |
| Total Expenses | $247K |
| Net Assets | $113K |
Is Komeo International Ministries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Komeo International Ministries Inc
Komeo International Ministries Inc (EIN: 800657128) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code Q33. The organization reported total revenue of $611K and total assets of $99K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Komeo International Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Komeo International Ministries Inc is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $349K |
| Total Expenses | $247K |
| Surplus / Deficit | +$102K |
| Total Assets | $113K |
| Net Assets | $113K |
| Operating Margin | 29.3% |
| Months of Reserves | 5.5 months |
Financial Health Grade: A
In 2023, Komeo International Ministries Inc reported a surplus of $102K with revenue exceeding expenses, holds 5.5 months of operating reserves (adequate).
Financial Trends
Over 11 years of filings (2013–2023), Komeo International Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.2% | +4.3% | +989.3% |
| 2022 | +35.6% | +34.8% | -20.4% |
| 2021 | +31.5% | +43.2% | -18.7% |
| 2020 | -5.1% | -20.9% | +117.5% |
| 2019 | -18.8% | +1.0% | -69.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Komeo International Ministries Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Komeo International Ministries Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $102K, with revenue exceeding expenses.
Frequently Asked Questions about Komeo International Ministries Inc
Is Komeo International Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Komeo International Ministries Inc (EIN: 800657128) insufficient data. 0 red flags identified, 0 strengths noted.
How does Komeo International Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Komeo International Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Komeo International Ministries Inc tax-deductible?
Komeo International Ministries Inc is registered as a tax-exempt nonprofit (EIN: 800657128). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Komeo International Ministries Inc located?
Komeo International Ministries Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 800657128. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Komeo International Ministries Inc have?
Komeo International Ministries Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $611K in total revenue.
Filing History
IRS 990 filing history for Komeo International Ministries Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Komeo International Ministries Inc's revenue has grown by 37.4%, moving from $254K to $349K. Total assets increased by 1001.2% over the same period, from $10K to $113K. Total functional expenses fell by 4.5%, from $259K to $247K. In its most recent filing year (2023), Komeo International Ministries Inc reported a surplus of $102K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $349K | $247K | $113K | $0 | — | — |
| 2022 | $234K | $237K | $10K | $0 | — | View 990 |
| 2021 | $173K | $176K | $13K | $0 | — | View 990 |
| 2020 | $131K | $123K | $16K | $0 | — | View 990 |
| 2019 | $138K | $155K | $7K | $0 | — | View 990 |
| 2018 | $170K | $154K | $24K | $0 | — | View 990 |
| 2017 | $209K | $206K | $7K | $0 | — | View 990 |
| 2016 | $195K | $202K | $4K | $0 | — | View 990 |
| 2015 | $324K | $337K | $11K | $0 | — | View 990 |
| 2014 | $323K | $310K | $24K | $0 | — | View 990 |
| 2013 | $254K | $259K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $349K, expenses of $247K, and assets of $113K (revenue +49.2% year-over-year).
- 2022: Revenue of $234K, expenses of $237K, and assets of $10K (revenue +35.6% year-over-year).
- 2021: Revenue of $173K, expenses of $176K, and assets of $13K (revenue +31.5% year-over-year).
- 2020: Revenue of $131K, expenses of $123K, and assets of $16K (revenue -5.1% year-over-year).
- 2019: Revenue of $138K, expenses of $155K, and assets of $7K (revenue -18.8% year-over-year).
- 2018: Revenue of $170K, expenses of $154K, and assets of $24K (revenue -18.6% year-over-year).
- 2017: Revenue of $209K, expenses of $206K, and assets of $7K (revenue +7.2% year-over-year).
- 2016: Revenue of $195K, expenses of $202K, and assets of $4K (revenue -39.8% year-over-year).
- 2015: Revenue of $324K, expenses of $337K, and assets of $11K (revenue +0.2% year-over-year).
- 2014: Revenue of $323K, expenses of $310K, and assets of $24K (revenue +27.2% year-over-year).
- 2013: Revenue of $254K, expenses of $259K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Komeo International Ministries Inc:
Data Sources and Methodology
This transparency report for Komeo International Ministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.